Capital & Counties Properties converts to REIT status

Mon, 9th Dec 2019

Capital & Counties Properties confirmed that it had attained UK real estate investment trust, or REIT, status. The company said it would therefore no longer pay UK direct tax on profits from qualifying rental business, provided that certain conditions were met. At 1:10pm: (LON:CAPC) Capital Counties Properties PLC share price was -0.05p at 259.75p Story provided by StockMarketWire.com

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